>> you talking to a political analyst, who has political advantage, having won the election if you look at the polls is pretty clear. and republicans get the lion's share of the blame but this is what is missing in this equation. the american people expect president obama will show some leadership and have the ability in the second term to get significant thing is done. if we are locked into a sea of economic uncertainty, it hurts president obama and hurt his ability to do anything else and says we will be locked into gridlock for the entirety of the second term. doesn't want it. dennis: democrats run for reelection, they probably don't want that either. >> i wonder at some point say republicans give in, taxes on millionaires, we are bringing in an extra $90 billion in revenue but still spending $1.1 trillion more than we take in so problems are not solved if we soak the rich. >> the issue, i could make your point stronger, eight billion dollars of spending is how minuscule it is that the reality is for him and the left they said it has got to be shared sacrifice. you have heard that in